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Global Economy to Expand by 3.1 percent in 2018

Despite recent softening, global economic growth will remain robust at 3.1 percent in 2018 before slowing gradually over the next two years, as advanced-economy growth decelerates and the recovery in major commodity-exporting emerging market and developing economies levels off, the World Bank said on Tuesday. “If it can be sustained, …

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Turkey Opens TANAP Pipeline That brings Azeri Gas to Europe

Turkey and Azerbaijan have inaugurated the TANAP pipeline that will bring gas to Europe while bypassing Russia. The project has won political support from both the United States and European Union. Turkish President Recep Tayyip Erdoğan and Azerbaijani President İlham Aliyev inaugurated the Trans Anatolian Natural Gas Pipeline (TANAP) project …

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A Crypto Mining Company Lists Shares on the London Stock Market

A new company that lets people mine cryptocurrencies through a subscription service has announced plans to list on the London Stock Exchange, a first for the exchange. Argo Blockchain said in a statement on Monday it hopes to raise £20 million in the listing and expects to be valued at …

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TAP talks on Process of Building Micro-tunnel in Italy

The micro-tunnel waterproofed pit is now complete as part of construction of the Trans Adriatic Pipeline (TAP) in Italy’s Puglia, Gabriele Lanza, TAP project manager for Italy. “Work continues in the micro-tunnel area. The secant piles, which form the lateral walls of the pit, have been installed and the bottom …

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IATA Predicts World Aviation’s Profit Decrease in 2018

International Air Transport Organization (IATA) has reduced global profits for 2018, from $ 38.4 billion from $ 33.8 billion. According to the current forecast, revenues will reach 834 billion dollars, which is higher than 10.7% in 2017. As it turns out, IATA decided to review the net profit on the …

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‘Remarkable’ Therapy Beats Terminal Breast Cancer

Judy Perkins

The life of a woman with terminal breast cancer has been saved by a pioneering new therapy, say US researchers. It involved pumping 90 billion cancer-killing immune cells into her body. Judy Perkins had been given three months to live, but two years later there is no sign of cancer …

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Azerbaijan Starts Electricity Export to Iran

Azerbaijan has started to export electricity to Iran from today, Azerenergy’s spokesman Yahya Babanli told APA-Economics. According to him, at about 11:00 a.m. today, Azerenergy started to export electricity of 80 megawatt to Iran’s Mugan and Astara regions. Babanli also announced the date of next trilateral meeting on integration of …

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Azerbaijan to Implement European System of Forecasting in Agriculture

The European system of forecasting in agriculture will be introduced in Azerbaijan. The topic was discussed at the seminar on supporting the formation of agricultural policies through modeling, which was held in Baku. Addressing the event, head of the department of the Ministry of Agriculture Firdovsi Fikretzade noted that it …

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The WHO is Becoming a Glorified Lobbying Group

The WHO is Becoming a Glorified Lobbying Group

Has somebody put a curse on the World Health Organisation? Every time it holds a conference to discuss the ‘epidemic’ of lifestyle-related diseases, a genuine public health crisis erupts. When it met in Moscow for a global conference on tobacco control in 2014, West Africa was hit by the worst Ebola …

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Opening of Southern Gas Corridor Comes at Right Time

Opening of the Southern Gas Corridor (SGC), which envisages transportation of Azerbaijani gas to Europe, comes at right time, Cyril Widdershoven, a Middle East geopolitical specialist and energy analyst, a partner at Dutch risk consultancy VEROCY and SVP MEA-Risk, told Trend. “Looking at other options, SGC is one of the …

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George Soros Warns About Another Financial Crisis

Legendary billionaire investor George Soros is worried that another “major financial crisis” could be lurking around the corner, CNN reports. Soros, speaking at the annual meeting of the European Council on Foreign Relations in Paris Tuesday, said that rising anti-European Union sentiment, the disruption to the Iran deal, a soaring …

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Azerbaijan To Produce High Quality Aviation Fuel in Ukraine

SOCAR is negotiating with Ukraine for joint production of high quality aviation fuel in Ukraine. According to AzerNews, Ukraine and Azerbaijan are negotiating a deal for producing high-quality aviation fuel together it would help Ukraine to match sharp demand of availability of aviation fuel at its airports due to increase …

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